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MNI China Press Digest, Jan 14: Trade, Yuan, Employment

MNI (London)
     BEIJING (MNI) - The following lists highlights from the Chinese press for
Monday:
     Several key catalogues of trade -- listing key areas for service exports,
encouraged areas of service imports, as well as restricted technologies for
import and export -- have been revised and will be released soon, China
Securities Journal reported today. China's new catalogues for service export
will add the digital economy, digital industries and internet-related
industries, the paper reported, citing Li Jun, director of the Institute for
International Service Trade under the Ministry of Commerce.
     The downward pressure on the yuan in recent months has eased, and the
currency is likely to fluctuate in the future, Xinhua News Agency reported
Saturday, citing market analysts. According to Chen Kaifeng, the chief economist
at Forex Signs Financial Management, the recent appreciation of the yuan against
the greenback is due to the Fed slowing interest rate hikes, the weakening of
the dollar and the market's worries about the U.S. economic growth, Xinhua
reported.
     China's urban registered unemployment rate was 3.8% at the end of 2018, a
new low in recent years, with a general oversupply of job vacancies, Zhang
Jinan, Minister of Human Resources and Social Security said, CCTV News reported
Sunday. Stabilizing employment is the top priority of the government and it will
boost the economy. The Ministry will continue to put forward new policies to
promote employment, Zhang said, CCTV reported.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MBQ$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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